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W.R. Grace to buy remaining stake in Turkish joint venture
2014-11-20 21:53:37| Chemicals - Topix.net
W.R. Grace & Co. has reached a deal to acquire the remaining 50 percent equity stake in a Turkish provider of construction equipment and chemicals.
Tags: buy
remaining
joint
grace
Simon Property Seeks to Boost Stake in Macerich
2014-11-20 02:40:45| Real Estate - Topix.net
David Simon is looking to expand his mall empire by buying shares of competitor Macerich Co. in what investors are betting is the first step in a takeover bid.
Tags: property
simon
seeks
boost
Justin Timberlake takes stake in AfterMaster Audio Labs
2014-11-20 01:44:10| Semiconductors - Topix.net
Audio technology company AfterMaster Audio Labs Inc. said Justin Timberlake has taken an ownership stake in the company as it prepares its launch. Hollywood-based AfterMaster , a unit of Studio One Media Inc. , said Timberlake "will play an integral role" in the company and join audio engineers and music industry veterans AfterMaster co-founders Larry Ryckman , chief executive, and Shelly Yakus, chief engineer.
KPN not wedded to keeping Telefonica Deutschland stake
2014-11-20 01:00:00| Total Telecom industry news
Dutch telco still reviewing its options for German holding, CEO says.
Tags: deutschland
keeping
stake
telefonica
Telecom Italia submits offer for Metroweb stake report
2014-11-19 15:42:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has submitted an expression of interest for a controlling stake in Milan-based broadband provider Metroweb, according to unnamed sources cited by Italian business dailies Il Sole 24 Ore and Milano Finanza. The offer was sent to Italian infrastructure fund F2i, which has a 54 percent stake in Metroweb's holding company Metroweb Italia. One of the sources indicated that Telecom Italia had not revealed how much it would be prepared to pay for the stake but that Vodafone had also expressed interest and may take part in a bidding war. Telecom Italia has yet to comment on the reports but Franco Bassanini, chairman of state-backed holding company Cassa Depositi e Prestiti (CDP), said any auction wouldn't be a one-horse race. "Make no mistake: there will definitely be a competition bids will have to be submitted," he said, according to business website Key4Biz. CDP has a 46.2 percent stake in Metroweb Italia via the FSI fund, while broadband operator Fastweb owns 10.6 percent of Fastweb. Last month Telecom Italia confirmed that CEO Marco Patuano had been given a mandate to make an offer for Metroweb, which could become its fibre optic investment company.
Tags: report
offer
italia
telecom
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